Tag: RDTI

‘Largest ever’: RDTI adviser cops $23m penalty

Posted on   |  by James Riley
The Federal Court has handed down its largest ever promoter penalty of nearly $23 million against a former research and development tax incentive adviser for systemic abuse of the...

Budget 2021: the best chance to relaunch the RDTI

Posted on   |  by Denham Sadler
The upcoming federal budget is an opportunity to relaunch and reform the research and development tax incentive to “restore its profile as the keystone for supporting R&D and innovation”,...

WiseTech Global lays out an RDTI tech fix

Posted on   |  by Denham Sadler
WiseTech Global has laid out potential reforms to the research and development tax incentive to fix the scheme for software development, with the Australian tech giant labelling the current...

Husic to bring his tech focus to shadow cabinet

Posted on   |  by Denham Sadler
The government needs to set its ambitions for tech and innovation much higher and encourage creation rather than just adoption, newly appointed shadow minister for agriculture and resources Ed...

Govt releases ‘plain English’ R&D tax guide

Posted on   |  by Denham Sadler
New “plain English” guidance for the research and development tax incentive has been released, providing new definitions for “hypothesis” and “new knowledge” and further information on the record keeping...

Manufacturing plan is all froth and no beer

Posted on   |  by Clare O’Neil
The government has spent the best part of a month spruiking its budget announcement of $1.5 billion for Australia’s manufacturing industry, but when Australian manufacturers raise a glass to...

‘Profound concern’ about RDTI intensity measure

Posted on   |  by Denham Sadler
The Opposition is “profoundly concerned” with the revamped research and development tax incentive intensity measure and has also called for the introduction of a collaboration premium. Legislation making a...

End of uncertainty as RDTI reforms finally pass

Posted on   |  by Denham Sadler
The federal government’s “enhanced” reforms to the research and development tax incentive passed Parliament just days after being announced, ending two and a half years of uncertainty for those...

RDTI should be reserved for startups only

Posted on   |  by James Riley
The federal Government’s R&D Tax Incentive largesse should go exclusively to startups and not big business, says one of Australia’s foremost software entrepreneurs. Big companies can survive without RDTI,...